Allcargo Terminals (ATL) has announced plans to raise Rs 38.28 crore through the issuance of 1,32,00,000 fully convertible warrants to the Promoters/Promoter Group, as part of its strategic three-year expansion plan. The warrants, with a face value of Rs two per share, are priced at Rs 29 each (including a premium of Rs 27), subject to shareholder and regulatory approvals. 

The company, which currently operates at 80–85 percent capacity utilisation, plans to increase its annual capacity from 8.3 lakh TEUs to 13 lakh TEUs. ATL operates seven facilities across five key hubs, handling nearly 80 percent of India’s EXIM trade.

The capacity expansion will include the development of new container freight stations (CFS) and inland container depot (ICD facilities, particularly at Mundra, Nhava Sheva, and a Greenfield ICD in Farukhnagar, along with upgrades to existing infrastructure. This move aligns with ATL’s long-term growth strategy to meet rising logistics demand and strengthen its leadership in India’s critical logistics corridors.